The opaque ownership structure of HNA Group Co., Ltd., a Hainan-based conglomerate that has since 2015 acquired $45 billion in global assets, has attracted the firm substantial media and regulatory scrutiny in recent months. An ongoing government crackdown on capital outflows, buoyed by the release of explosive allegations by fugitive millionaire Guo Wengui about the conglomerate’s political ties (over which HNA is currently suing him), have put the company under